Archive for the ‘Business’ Category

Nashville Business Broker Debunks Buying And Selling Myths

In Business on February 11, 2020 at 10:37 am

Beacon Exit Advisors

Nashville is ranked as one of the top five cities in which to open up shop. Because of this, people flock to Nashville’s Music City to buy a business, and many current entrepreneurs are eager to sell for a hefty profit. We recently sat down with Nashville business broker Beacon Exit Advisors to find out if buying and selling are as easy as the city’s growth would lead potential buyers and sellers to believe. What we found out was that there is a lot of work involved and that many people have incorrect notions about both sides of an M&A transaction.

Q: Thank you for answering our call today. We have many readers who want to sell or buy a business in Nashville before the Athens of the South explodes. We would like to talk about the buying and selling process.

Beacon Exit: Absolutely. But the fire has already been lit. Back in January, the Nashville Business Journal reported that not only is Nashville the fastest-growing city in the south, it is also the fourth-best location in the US to open a business.

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Nashville Business Broker Says Technology Can Boost Valuation

In Business on February 4, 2020 at 6:03 pm

Beacon Exit AdvisorsUnless you proactively keep up with the latest trends, there is a chance that your business’s technology is a bit behind the times. However, according to one of Nashville’s-based business brokers, Beacon Exit Advisors, a small investment in technology now might make it easier to sell your business when the time comes. In today’s expert Q&A, we discuss a few key ideas that business owners should keep in mind when selling is on the horizon.

Q: Hello, and thank you for sitting in with us today. We recently had a question posed by a reader asking how long it takes to sell a business, and what they could do to ensure a smooth transition. The topic warrants more than a simple answer, so we would like to dive a bit deeper.

Beacon Exit Advisors: Absolutely. That is a very open-ended question. The best first piece of advice if you are looking to sell is to partner with an experienced business broker. It does not matter if you are in Nashville or San Francisco, an entity with multiple experts on hand can guide you through the process and make recommendations on ways to speed it along.

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Game Fencing Explained By Alabama’s Straight Shooter Game Fencing

In Business on January 21, 2020 at 6:30 pm

Straight Shooter Game FencingGame fencing isn’t something that many people think that much about. However, this type of boundary makes up an important part of the American landscape. We recently sat down with the experts at Alabama’s Straight Shooter Game Fencing to find out what, exactly, a game fence is. 

Q: Good morning, we always appreciate when experts are available to answer our questions.

Straight Shooter Game Fencing: It is no problem at all, and we were thrilled to receive your call.

Q: We had a reader send us a rather interesting question a few weeks ago, and we thought you might be the perfect people to contact for the answer.

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HomeLife Warranty Protection Offers Tips on Maintaining Hot Water Heater

In Business on March 30, 2017 at 11:58 am

HomeLife Warranty ProtectionFor many people, their hot water heater isn’t even a blip on the radar until there are problems. However, according to HomeLife Warranty Protection representatives, an hour once a year can prevent a host of problems including the dreaded cold shower. Today, we speak with HomeLife Warranty Protection about why flushing the hot water heater is important and get a few DIY tips.

Q: Thank you for taking time out to speak with us today. We would like to discuss hot water heater maintenance.

HomeLife Warranty Protection: That is, unfortunately, a task that is all too often forgotten.

Q: Why is that?

HomeLife Warranty Protection: The hot water heater is a silent workhorse that labors in the shadows providing hot water for the entire house. As they say, out of sight, out of mind.

Q: Until the shower is suddenly ice cold…

HomeLife Warranty Protection: That’s usually when people realize there’s a problem. But, many hot water heater issues can be prevented with a simple maintenance procedure once or twice a year, depending on where you live.

Q: Really?

HomeLife Warranty Protection: Yes, and it’s a simple as screwing in a water hose and opening a valve. Flushing your hot water heater helps eliminate calcium and sediment deposits in the tank.

Q: What kind of problems can arise from these minerals?

HomeLife Warranty Protection: Hard water – that which contains enough calcium to leave sediment – can significantly reduce a hot water heater’s efficiency and even cause it to break down prematurely.

Q: How does it do that?

HomeLife Warranty Protection: Deposits collect at the bottom of the tank and insulate the heating element, meaning the water doesn’t get as warm as it should and it has to work harder to maintain its temperature.

Q: Oh, that doesn’t sound good. But is it really is easy as connecting a garden hose?

HomeLife Warranty Protection: Yes, it is. Hot water heaters have a small threaded spout toward the bottom. Typically, it is the same size as a common water hose. You simply turn the main water supply off, attach the hose, and turn the knob. The water will drain over the course of an hour or so.

Q: And that’s it?

HomeLife Warranty Protection: It’s a good idea to turn the water back on to allow fresh water to flush away any remaining deposits while you still have the drain valve open.

Q: How do you refill the tank?

HomeLife Warranty Protection: Once you’ve turned the water back on and closed the valve, the tank will refill.

Q: Can you drain the hot water heater if the water is hot?

HomeLife Warranty Protection: A functional hot water heater should be turned off overnight to prevent injuries.

Q: And this is recommended even for new units?

HomeLife Warranty Protection: Yes, it is especially important for new units so that the homeowner can get the longest time possible out of their investment. Hot water heaters are not cheap!

Q: That sounds easy enough, but what if I’m not comfortable doing it myself?

HomeLife Warranty Protection: Any reputable plumber should offer hot water heater draining service.

Q: If the hot water heater isn’t flushed regularly, does that affect its warranty?

HomeLife Warranty Protection: Since this is a standard maintenance requirement, not flushing it may very well void its warranty – both from the manufacturer and through HomeLife Warranty Protection.

Q: That makes sense. It’s kind of like changing the oil in a car.

HomeLife Warranty Protection: That’s exactly right.

Q: Again, we appreciate your time today, you’ve given our readers some things to think about and a new chore for the weekend.

HomeLife Warranty Protection: Any time.

Morgan Exteriors Moves Indoors to Offer Area’s Best Bathroom Remodeling

In Bathroom Remodeling on March 22, 2017 at 5:08 pm

Morgan ExteriorsMorgan Exteriors, Inc. has been sprucing up the outside of homes in and around Tampa for the last 50 years. Recently, to the delight of homeowners throughout Hillsborough County, the company added a new service. Today, we speak with representatives from Morgan Exteriors about the company’s new bathroom remodeling options.

Q: Thank you for taking time from your busy schedule to chat with us today.

Morgan Exteriors: Always a pleasure.

Q: We understand that Morgan Exteriors has recently expanded to offer indoor remodeling services?

Morgan Exteriors: That’s true, but not just any type of remodeling. We have partnered with Bath Planet.

Q: What is Bath Planet?

Morgan Exteriors: Bath Planet is a bathroom remodeling company headquartered in Libertyville, Illinois.

Q: Why choose Bath Planet?

Morgan Exteriors: By customer demand, we knew we needed to break the barrier from exterior services to offer a more dynamic line of remodeling services. After months of research, we determined Bath Planet’s products lived up to our customers’ expectations.

Q: What is unique about Bath Planet of Tampa?

Morgan Exteriors: Bath Planet of Tampa, a division of Morgan Exteriors, offers products that are made in the USA and installed by a skilled team of factory-trained technicians.

Q: So not just anyone can install Bath Planet products? They aren’t available in big box stores?

Morgan Exteriors: No to both questions. Bath Planet products are only available through an authorized dealer. There are made of a nonporous acrylic that is considerably thicker and more durable than what you would find at your local hardware store.

Q: So the installation technicians undergo special training?

Morgan Exteriors: Absolutely. Our employees – and we only use employees, never subcontractors – must be trained in Bath Planet’s proprietary removal and installation techniques. This increases efficiency and ensures a flawless installation.

Q: Let’s talk style. What color options are available?

Morgan Exteriors: One thing that really impresses us about Bath Planet’s lineup of colors and patterns is its diversity. This allows us to offer everything from basic white to luxury stone color schemes.

Q: How many types of bath and shower are available?

Morgan Exteriors: Bath Planets of Tampa provides a massive selection of colors and styles from which to choose. Each bathtub or shower system is measured and heat formed specifically for that bathroom.

Q: They do not sound like “off-the-shelf” products…

Morgan Exteriors: Not at all, that’s why our products come with a lifetime limited warranty.

Q: That’s pretty impressive.

Morgan Exteriors: We thought so, too. Something else unique about Bath Planet is that its products have been tested by the Good Housekeeping Institute and have been awarded the privilege to bear the Good Housekeeping Seal.

Q: Switching gears, how difficult is acrylic to keep clean?

Morgan Exteriors: It’s a lot easier than you might think. Our nonporous acrylic surfaces really only need to be wiped down occasionally with a soft, clean cloth. More in-depth cleanings can be achieved by using a mild, non-abrasive cleaning solution.

Q: So no harsh chemicals?

Morgan Exteriors: No, that’s one of the best part about Bath Planet’s tubs, showers, and wall surrounds.

Q: Does Bath Planet of Tampa offer walk-in tubs?

Morgan Exteriors: We offer the nation’s best and most comfortable, fully jetted walk-in bathtubs. Each comes complete with a safety seat and safety grab bars.

Q: Thank you for all of that information. Before we close, can you provide our readers with Bath Planet of Tampa’s contact information?

Morgan Exteriors: Sure! A Bath Planet specialist can be reached by calling our main number at 813-931-4663.

Bath Planet Recaps Product Line

In Bathroom Remodeling on March 4, 2016 at 6:19 pm

Bath PlanetBath Planet’s parent company BCI Acrylic Inc. has been producing high quality bathroom products since 1999. Over the years, the company has added a number of innovative designs and products to its lineup. Today, we talk with Bath Planet design consultants who explain the many bathroom solutions available nationwide.

Presentation Solutions: Thank you for joining us. Could you tell us a little about Bath Planet for our readers who may not be familiar with the company?

Bath Planet: Certainly! We are a bathroom remodeling company specializing in acrylic bath and shower systems.

Presentation Solutions: What are the benefits of choosing a replacement tub as opposed to painting over an existing unit?

Bath Planet: Re-glazing is barely a temporary fix. These do-it-yourself paints don’t usually last and can wind up making the bathroom look worse in the long run, meaning the homeowner eventually replaces the tub anyway.

Presentation Solutions: Tell us about step-through inserts…

Bath Planet: Inserts are an affordable way to turn your bathtub into an easily accessible walk-in shower.

Presentation Solutions:  Speaking of showers, we understand it’s possible to convert an existing tub area into an expansive and functional shower, is that right?

Bath Planet: That’s absolutely correct. Our tub-to-shower conversions can transform a bathtub in as little as a day. They are a great option for those with mobility limitations.

Presentation Solutions: Bath Planet offers additional accessibility products as well, correct?

Bath Planet: That’s right. Our walk-in tubs are one example. Walk-in bathtubs have high sidewalls and feature a built in seat and relaxing jets.

Presentation Solutions: How are these different from step through inserts?

Bath Planet: Step-through inserts are not designed to hold water. Walk-in tubs, however, are sealed tight, allowing homeowners with limited mobility the freedom to continue taking baths independently.

Presentation Solutions: What about walls?

Bath Planet: We have a huge variety of bath and shower surrounds to match our bathroom solution products.

Presentation Solutions: And textures? Are homeowners limited to smooth walls or faux 4 x 4 tiles?

Bath Planet: While we do offer both of those as an option, currently, we have 10 different wall patterns and 19 unique colors available.

Presentation Solutions: That sounds like Bath Planet remodels are very customizable…

Bath Planet: They are; in fact, most of our bath and shower products are built for the specific bathroom we’re working in. We also have a catalog of accessories to enhance the finished look.

Presentation Solutions: You mean you don’t just pull a product off a warehouse shelf?

Bath Planet: No, BCI Acrylics manufactures most of what we sell and molds a custom acrylic bath or shower based on precise measurements and specifications that are taken by our design consultants.

Presentation Solutions: That sounds very different from the products available at most hardware stores.

Bath Planet: It is, yes. The main difference being that our products are made from a much thicker acrylic and are installed by professional and certified technicians.

Presentation Solutions: That certainly explains Bath Planet’s amazing warranty. Can you summarize that for our audience?

Bath Planet: We offer a limited lifetime warranty against manufacturer defects. And, we are backed by Good Housekeeping, which offers customers an additional two-year limited warranty.

Presentation Solutions: How can our readers find out more?

Bath Planet: Our website,, is full of useful information including current specials and a photo gallery showcasing our products and services.

Big Data Proves Beneficial for Small Business Owners, According to Harris Interactive Study

In Business on November 24, 2014 at 4:29 am

Technology-SavvyIn today’s global business world, it’s essential for small companies to be technologically savvy and up-to-date on the newest trends in order to remain relevant and stay competitive. Data analysis has become an increasingly powerful tool that helps CEOs and top executives make key decisions and offer more educated predictions about their company’s future. Data can allow these leaders to adjust marketing strategies, control inventories, establish target markets and boost sales.

Small businesses have a wealth of information in their hands including Google Analytics, Facebook Insights and sales receipts. The term “big data” is popular among businesses, used to describe the availability and exponential growth of data, both unstructured and structured.

According to the results of a new Harris Interactive study, big data was shown to have a wide range of definitions including:

  • The requirements to archive and store data for the purposes of regulatory compliance
  • The emergence of new and improved data sources, including mobile devices, social media and machine-generated devices
  • Challenges associated with big data
  • The significant growth and development of transaction data

The same survey suggests the top competitive advantages gained by using big data include:

  • Increasing sales (54 percent)
  • Retaining and attracting customers (46 percent)
  • Reducing IT costs (50 percent)
  • Improving efficiency of internal business operations (59 percent)
  • Becoming more flexible and agile (48 percent)

Most importantly, 76 percent of small business owners say Big Data is an enormous opportunity for their executives and employees. Over 70 percent believe that a return on investment occurs within 12 months. Data brokers like DataLogix, Kaggle and Acxiom can offer businesses valuable data analysis that shares informative insight into a company’s current activities.

Zillow Acquires Trulia for $3.5 Billion

In Business on September 1, 2014 at 11:20 am

Zillow-TruliaShares of nation’s leading real estate site jump 12% since announcement of merger.

Zillow and Trulia are unquestionably the two most popular research sites for people looking to buy, sell, or lease a new home. Combined, the two companies attract over 130 million unique visitors each month.

Both sites garner heavy attention from real estate agents looking for the most exposure of their listings. Some of the nation’s largest brokers spend upwards of $20,000 per month on the sites. And though the two companies take in hundreds of millions of dollars annually, their revenues are only a fraction of the $12 billion that real estate professionals spend on marketing each year.

Mobile homes

Spencer Rascoff, Zillow’s CEO, says that real estate marketing has gone mobile. It’s no secret that on-the-go information has been one of the best tools for realtors. Both sites offer phone-friendly, detailed information on their listings. Trulia and its now-parent company have completely transformed the real estate market over the last decade. Today, buyers can access information that was once only available to a real estate broker.

Brokers irrelevant to future of real estate?

The age of information has made it easier than ever to buy a home without the assistance of a licensed real estate agent. Many brokers fear that mergers such as this will completely eliminate their jobs. Other sites, such as and, employ many of the same marketing methods as Zillow and charge a premium price for listings. Agents who list their properties with these companies may be the only ones that survived the mobile marketing revolution.

Trulia and Zillow offer specialist tools that the home seeker can use to enhance their buying experience. From interactive maps to instant home estimates, real estate websites such as these will continue to change how people buy and sell real property.


U.S. Music Industry Sees Large Uptick in Revenue from Streaming Music Services

In Business on June 13, 2014 at 3:07 am

In 2013, overall music sales were flat compared with the previous year. But despite treading water, many music industry professionals were expressing optimism about streaming services and other forms of revenue.

In a report issued by the Recording Industry Association of America (RIAA), the future of the music industry was laid bare. The revenue from streaming music services grew markedly in 2013, with a 39 percent increase from 2012. Streaming music services like Pandora, Rhapsody, SiriusXM and Spotify have combined for more than $1.4 billion in total revenue.

The number of online consumers who have subscribed to these streaming services totaled 6.1 million in 2013, a considerable increase from 3.4 million the previous year. These impressive numbers do not include Beats, a new subscription-based streaming services that opened in late 2013.

In 2013, performance royalties paid to record labels and artists by SoundExchange increased nearly 30 percent to a total of $590 million. SoundExchange represents about half of U.S. streaming music revenue. Over 2,400 services in digital radio currently use SoundExchange for their daily operations.

As digital radio royalties become an even more prominent entity in the music ecosystem, labels and recording artists are concerned about their bottom lines. While music streaming continues to experience steady growth, overall revenue slipped from $7.01 billion in 2012 to $6.99 billion in 2013. Overall revenue has hovered around the $7 billion mark each year since 2009. The industry experienced revenue of $8.8 billion in 2008.

If these streaming services can convert an appropriate amount of free users into paid subscribers, record companies, record labels and artists may finally reap the benefits of the new Internet age. A premium subscriber to Google, Rdio or Spotify’s streaming service is paying approximately $120 each year on their music. That amounts to between 10 and 12 full-length albums.

Investment Returns Boosted by Tracking Brain Waves of Skilled Traders?

In Business on June 10, 2014 at 11:45 am

Sang Lucci Partners Capital has veered off the beaten path by temporarily booting its best traders off Wall Street. A group of the firm’s most talented traders was sent to Los Angeles in May to have their brain waves tracked by scientists as they participated in simulated day of buying and selling.

Twenty six traders took part in the company’s most recent experiment, which was sponsored in-part by TruBrain, a company that formulates nutritional supplements to improve brain function. While the results of the testing are not yet conclusive, TruBrain creators say that supplement’s active ingredients are proven to increase brain performance without the need for harsh stimulants.

The hope is that following the brain patterns of traders under normal working conditions will allow researchers to track when they are at their peak performance and if a dietary change will increase positive results. Test administrators are optimistic; others believe that the brain may benefit even better from having a small “break” before working. Lenox Hospital’s Dr. Robert Graham, who has no affiliation with San Lucci or TruBrain, says the test can show changes in the brain but not necessarily if it’s working smarter or not. He explains that slowing things down is as effective as speeding things up and believes calming down the senses before stress heightens the brains function without the risks associated with caffeine or other chemicals.

Although Sang Lucci is a small hedge fund by comparison, founder Anand Sanghvi has made headlines more than once for his unconventional wisdom and willingness to buck tradition. Sangvhi and Sang Lucci trainer Haim Bodek, a cognitive sciences major, operate the firm as though through a glass office. Sang Lucci Tweets their Profit and Loss daily and reports all activities to a University of Notre Dame professor, who is researching issues within the stock market structure.